Renowned crypto analyst Master Kenobi recently shared his analysis on the current price action of Dogecoin, drawing parallels to the Bitcoin halving and previous market cycles. By examining these key metrics, Master Kenobi has determined that Dogecoin is currently in a bullish phase. He predicts that the price of DOGE will continue to rise in the near future. Investors should keep a close eye on Dogecoin as it may experience significant growth in the coming weeks.
What Next For Dogecoin Price Based On Bitcoin Halving And Previous CyclesIn an X post, Master Kenobi noted that it had been 254 days post-Bitcoin Halving while observing the DOGE-BTC weekly chart in logarithmic view. Comparing the Dogecoin price action to the previous cycle, he remarked that the Relative Strength Index (RSI) suggests that DOGE is currently between Step 2 and Step 3.
